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Fundamental and enhancing qualitative characteristic of Conceptual Framework?

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Fundamental and enhancing qualitative characteristic of Conceptual Framework?

  • This topic has 5 replies, 2 voices, and was last updated 10 years ago by MikeLittle.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • October 16, 2014 at 7:00 pm #204648
    annz2020
    Member
    • Topics: 17
    • Replies: 14
    • ☆

    Dear Sir,

    I am confused over Fundamental characteristic and enhancing qualitative characteristic.
    I read some note saying
    Fundamental = relevance and faithful representng
    without them, financial statement not useful?
    Can give example?

    Enhancing = comparable,verifable,understandable
    without them, financial statement still useful
    Can give example?

    October 16, 2014 at 9:38 pm #204669
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    Hi

    Try this link – it tells you the full story 🙂

    http://www.ey.com/Publicatiob/vwLUAssets/Supplement_86_GL_IFRS/$FILE/SUPPLEMENT_86_GL_IFRS.pdf

    Still confused? Post again 🙂

    October 19, 2014 at 5:12 pm #204986
    annz2020
    Member
    • Topics: 17
    • Replies: 14
    • ☆

    Dear Sir,
    The given link address cannot link properly.
    Is there other link address?

    Thank you

    October 19, 2014 at 6:47 pm #205001
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    Try it again – I spelt “publication” wrong!

    https://www.ey.com/Publication/vwLUAssets/Supplement_86_GL_IFRS/$FILE/SUPPLEMENT_86_GL_IFRS.pdf

    It should work fine now, sorry

    October 20, 2014 at 1:27 pm #205113
    annz2020
    Member
    • Topics: 17
    • Replies: 14
    • ☆

    Thank you,Sir
    I can read the materials now

    October 20, 2014 at 2:10 pm #205115
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    You’re welcome

  • Author
    Posts
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